Former President John Dramani Mahama has firmly dismissed claims that his administration plans to privatise the Electricity Company of Ghana (ECG), stating that the focus is rather on forging public-private partnerships to inject much-needed efficiency into the country's electricity distribution system. "Let me assure you that it is not my intention to privatise ECG as an institution.
Our attention is more on a public-private collaboration to inject efficiency into our downstream electricity distribution system," Mahama clarified while addressing workers at the 2025 May Day celebrations at Black Star Square in Accra.
He painted a stark picture of the current state of the power sector, revealing that ECG has accumulated a staggering GH¢68 billion in debt due to poor governance over the past eight years.
According to him, if swift action is not taken, the consequences could be dire. "The ECG has been brought to its knees by a culture of poor governance over the last eight years, with a debt of GH¢68 billion and rising.